Trustpilot Group (TRST)

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Share Price:
245.80p
Market Cap:
£945.09m
Change Today:
12.00p
Sector:
IT Services

Trustpilot shares slide despite solid first-half trading

By Josh White

Date: Thursday 16 Jul 2026

LONDON (ShareCast) - (Sharecast News) - Trustpilot shares were in the red on Thursday even after reported strong first-half trading, with bookings rising 22% year on year to $171m, or 18% at constant currency, driven by continued momentum in Enterprise customers and the US market.
North America bookings increased 27% on a constant currency basis, while UK bookings rose 11% and Europe and the rest of world bookings grew 19%.

Annual recurring revenue increased 17% to $313m, while revenue is expected to rise 19% on a constant currency basis.

The FTSE 250 company said Enterprise ARR from customers spending more than $20,000 increased 36%, supported by demand for its AI Answer Engine Optimisation offering as businesses seek greater visibility in AI-driven commerce.

Trustpilot maintained its full-year guidance for high-teens constant currency revenue growth and a 2 to 3 percentage point year-on-year improvement in adjusted EBITDA margin, despite net cash falling to $21.9m after $42.5m of share buybacks and employee benefit trust purchases.

At 0935 BST, shares in Trustpilot Group were down 9.15% at 264.2p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TRST Market Data

Currency UK Pounds
Price 245.80p
Change Today 12.00p
52 Week High 298.20p
52 Week Low 129.20p
Volume 635,121
Shares Issued 384.50m
Market Cap £945.09m

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